Friedrich Merz has called for the creation of a pan-European stock exchange in a move that would help it compete with Asian and US counterparts and eclipse the liquidity offered on London’s ailing bourse. In an address to parliament in Berlin, the German Chancellor said European businesses need a “sufficiently broad and deep European capital market so they can finance themselves better and faster. “It is crucial for the future of our country and our countries in Europe that we fulfil these tasks with renewed vigour,” Merz…
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